Your Guide to Everything SR&ED

The world of non-dilutive funding can be a scary and confusing place — but it doesn’t need to be! With the right information and a strong strategy, anyone can take on non-dilutive funding and use it to grow their business. Pocketed wants to help you better understand SR&ED and how it can help you supplement your grant funding.

Everything SR&ED #1

How it Works

Everything SR&ED #2


  1. Why are you conducting your research or project? Is it for the advancement of scientific knowledge or technology? If yes, keep reading!
  2. Equally as important as the why, is the how: How are you conducting your research? It must be a systematic investigation that is carried out in the field of science or technology by means of experiment or analysis.
  • Are you solving a problem that can’t be solved using existing publicly available tools?
  • Was there scientific or technological uncertainty in your ability to solve that problem?
  • Did you formulate a hypothesis specifically towards reducing or eliminating these uncertainties?
  • Did you test your hypothesis through a systematic investigation, including activities such as experimentation, data analysis, or non-commercial prototyping?
  • Does your work create a scientific or technological advancement, or is it simply part of standard practice towards commercializing a new product?
  • Have you kept detailed records and documentation of your R&D work throughout the project?
Everything SR&ED #3

What you Can Claim

  1. Basic Research
  2. Applied Research
  3. Experimental Development
  • Salary or wages
  • Materials
  • Contracts for SR&ED
  • Overhead and other expenditures
  • Third-party payments
Everything SR&ED #4

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